Henderson to buy five French offices as European market bounces back

Henderson Group, the Ftse 250 asset manager, is planning to spend up to €300m (£264m) on five French office buildings. The move is a sign that the market in continental Europe is rebounding.

The first acquisition, just outside Paris, is understood to be close to exchange. In addition, the firm is looking closely at the Benelux market, which managers think could provide strong returns. Henderson is also listed on the Australian Securities Exchange.